Silver price gets a positive signal - Analysis - 17-01-2022

Economies.com
2022-01-17 05:08AM UTC

Silver price tested 22.90 level and kept its stability above it, and begins to provide positive trades by today’s open, motivated by stochastic and the EMA50 positivity, waiting for more rise in the upcoming sessions, noting that our targets begin by breaching 23.40 to open the way to head towards 24.20 as a next station.

 

On the other hand, we should note that breaking 22.90 will stop the suggested rise and press on the price to turn to decline.

 

The expected trading range for today is between 22.85 support and 23.50 resistance.

 

The expected trend for today: Bullish

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